Research Nester published a report titled “Coagulant Market: Global Demand Analysis & Opportunity Outlook 2036” which delivers detailed overview of the global coagulant market in terms of market segmentation by type, end-user industry, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global coagulant market is anticipated to grow at a CAGR of ~6% over the forecast period, i.e., 2024 – 2036. The market is divided by type into organic and inorganic coagulants, out of which, the inorganic segment is projected to lead the market share over the forecast period as inorganic coagulants are stronger in action and are used to absorb impurity from water. The increasing use of inorganic coagulants in the water treatment industry is estimated to boost the segment growth.
The increasing application of coagulants in wastewater treatment and pharmaceutical industry to boost the market growth. Coagulants are used to coagulate liquid, and separate solid particles present in it. The primary application of coagulants is in the pharmaceutical and water treatment industry. The growing awareness regarding wastewater treatment is estimated to boost the market growth. Moreover, application of coagulant drugs post surgeries to facilitate blood clotting is estimated to boost the market growth.
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On the basis of geographical analysis, the global coagulant market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is projected to witness noteworthy growth during the forecast period, owing to the growing government initiatives in developing countries, such as, India, China, and Japan, to ensure availability of safe drinking water for the masses. As per a report by the Global Water Forum, 42% of the deaths caused by unsafe supply of water globally, occurred in Asia.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Growing Application in Wastewater Treatment to Boost the Market Growth
The growing awareness regarding recycling waste water to overcome the scarcity of water, has raised the emergence of water treatment plants. The growing use of coagulants to treat and clean waste water is estimated to boost the market growth.
However, high competition from flocculants is expected to operate as key restraint to the growth of the global coagulant market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global coagulant market which includes company profiling of DuPont de Nemours, Inc., The Dow Chemical Company, 3M, Feralco AB, Orenco Systems, Inc., SUEZ Groupe SAS, BASF SE, Buckman Laboratories, Inc., Pentair plc, Xylem. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global coagulant market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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